Account Executive- Captive P&C Insurance Programs

SUMMARYResponsible for client service delivery, financial statement oversight, regulatory reporting, audit coordination, board meeting preparation, and account team leadership.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Serves as the primary relationship manager for an assigned portfolio of captive insurance clients.
Manages the captive licensing process from start to finish.
Manages mid market book of business through direction of employees on service team;
Builds and maintains relationships with client executives, board members, regulators, auditors, actuaries, tax advisors, banking partners, and other service providers.
Acts as direct point of contact for client from time of lead;
Leads captive renewals and new-business activities, including submissions, actuarial information, placement, and presentations.
Prepares and presents to client renewal analysis;
Leads client meetings and participates in board meetings, strategic planning, and program discussions.
Provides timely communication regarding client financial, regulatory, operational, and insurance matters.
Provides analysis and recommendations concerning client's existing coverages;
Selects carriers for solicitation and negotiates with carriers for benefit and premium considerations;
Reviews financial statements, supporting schedules, reconciliations, journal entries, and other accounting deliverables.
Coordinates domicile filings, annual reports, premium tax filings, and other regulatory requirements, as applicable.
Supports regulatory inquiries, examinations, annual audits, information requests, and resolution of audit findings.
Reviews captive performance, including loss experience, premiums, collateral, funding, participation, and profitability.
Reviews client coverage contracts and amendments for accuracy;
Manages and negotiates third party vendor relationships and contracts on behalf of the client;
Manages dedicated service team;
Works with captive managers, actuaries, claims administrators, auditors, reinsurers, carriers, brokers, and other partners to ensure timely completion of deliverables.
Mentors and supports accounting and account-management staff, reviews work product, provides technical guidance, and promotes collaboration, accountability, and service excellence.
Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates.
Performs other duties as assigned.
 
QUALIFICATIONSEDUCATION / EXPERIENCE
Bachelor's Degree equivalent combination of education and experience- Required
Eight (8) or more years related work experience
Experience with captive insurance programs or alternative risk arrangements.
Experience with commercial insurance coverages, including workers’ compensation, general liability, automobile liability, property, professional liability, and other relevant lines.
Experience coordinating with captive managers, actuaries, claims administrators, auditors, carriers, reinsurers, and other program partners.
Experience with workers’ compensation, including familiarity with claims, loss runs, reserving, underwriting, or program analysis.
Valid Insurance License
Must continue to meet Continuing Education requirements for license renewal
SKILLS
Superior verbal and written communication skills
Superior problem solving and time management skills
Ability to serve as a trusted resource to clients and colleagues while delivering outstanding service in a specialized insurance environment.
Ability to lead and direct an assigned service team and to foster collaboration with cross functional team members
Knowledge of broad business acumen to understand the Client's business vis a vis insurance issues
High degree of technical insurance knowledge and ability to provide guidance to clients
Highly detailed and organized as well as superior prioritization skills
Strong technical accounting knowledge
Exceptional client relationship skills
Proficient in Microsoft Office Suite
 
 
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